DSP Midcap Direct Plan-Growth

Q: What are the returns of this mutual fund scheme?

The DSP Midcap Direct Plan-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 17.0% since inception. DSP Midcap Direct Plan-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.72% 20.11% 15.17% 16.62% 17.0%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹160.521-1.05% 1 day change	17.0% p.a.	App exclusive #NA View Ranked Funds	₹19,586 Cr

Historical NAV & returns

NAV: ₹160.521 as on Feb 02, 2026

This fund Category average

DSP Midcap Fund overview

Expense ratio	0.75% as on Feb 02, 2026
Exit load	1.0% Exit load of 1% if redeemed less than 12 months!
AUM (Fund size)	₹19,586 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

DSP Midcap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-4.86%	-5.32%
3 Months	-4.19%	-6.06%
6 Months	-1.06%	-1.6%
1 Year	8.72%	7.78%
2 Years	11.0%	10.87%
3 Years	20.11%	21.34%
4 Years	13.17%	15.42%
5 Years	15.17%	19.31%
7 Years	17.25%	18.87%
10 Years	16.62%	16.62%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 13.52%

Mid Cap 66.48%

Small Cap 14.61%

Other Cap 0%

Top holdings

Coforge Ltd.4.2%

Ipca Laboratories Ltd.3.36%

AU Small Finance Bank Ltd.3.05%

Coromandel International Ltd.2.64%

Top sectors

Financial 20.35%

Capital Goods 11.06%

Healthcare 9.469999999999999%

Chemicals 9.120000000000001%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Reverse Repo 5.55%

Other Holdings

Others 5.55%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Midcap Fund	-4.86%	-1.06%	8.72%	20.11%	15.17%	16.62%
HDFC Mid Cap Fund	-3.42%	3.25%	13.4%	25.92%	24.19%	19.89%
Nippon India Growth Mid Cap Fund	-4.17%	0.71%	10.98%	25.7%	23.3%	19.94%
Motilal Oswal Midcap Fund	-7.8%	-10.58%	-4.17%	23.28%	25.54%	18.22%
Edelweiss Mid Cap Fund	-4.66%	1.31%	10.91%	26.68%	23.68%	20.4%
Kotak Midcap Fund	-5.0%	-2.91%	9.46%	21.86%	21.13%	19.85%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Midcap Fund	16.14	0.97	0.85	1.26
HDFC Mid Cap Fund	13.88	0.85	1.31	1.87
Nippon India Growth Mid Cap Fund	15.42	0.95	1.18	1.74
Motilal Oswal Midcap Fund	18.56	0.96	0.92	1.15
Edelweiss Mid Cap Fund	15.41	0.93	1.27	1.64
Kotak Midcap Fund	15.18	0.89	1.0	1.25

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Midcap Fund	N.A.	19,586 Cr	13 yrs 1 m	0.75%
HDFC Mid Cap Fund	N.A.	92,642 Cr	13 yrs 1 m	0.74%
Nippon India Growth Mid Cap Fund	N.A.	42,124 Cr	13 yrs 1 m	0.74%
Motilal Oswal Midcap Fund	N.A.	36,880 Cr	12 yrs	0.76%
Edelweiss Mid Cap Fund	N.A.	13,650 Cr	13 yrs 1 m	0.42%
Kotak Midcap Fund	N.A.	60,637 Cr	13 yrs 1 m	0.38%

View all Mid Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	-1.32 vs. 6.75 Underperformed at beating benchmark
Sharpe	0.85 vs. 6.89 Poor risk-adjusted returns
Beta	0.97 vs. 1.05 Less sensitive to market ups & downs
Standard deviation	16.14 vs. 14.58 More volatile performance

About this fund

About DSP Midcap Fund

DSP Midcap Direct Plan-Growth is a Mid Cap mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 13 yrs 1 m, having been launched on 01/01/2013. DSP Midcap Direct Plan-Growth has ₹19,586 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Midcap Direct Plan-Growth as of 02/02/2026 is ₹160.52. The fund has an expense ratio of 0.75%, which is close to what most other Mid Cap funds charge.

DSP Midcap Direct Plan-Growth returns of last 1-year are 7.44%. Since launch, it has delivered 17.00% average annual returns. The fund has doubled the money invested in it every 5 yrs.
DSP Midcap Direct Plan-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Capital Goods, Healthcare, Chemicals, Technology sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in Coforge Ltd., Ipca Laboratories Ltd., AU Small Finance Bank Ltd., Coromandel International Ltd., Fortis Healthcare Ltd..

...

Fund AUM	19,586 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Abhishek Ghosh

Mr. Ghosh is a MBA Finance, BE (Electronics) Prior to joining DSP Mutual Fund, he has worked with Motilal Oswal Securities, IDFC securities Ltd, BNP Paribas, B&K Securities, Edelweiss Securities.

Vinit Sambre

Mr. Sambre is a B.Com and FCA. Prior to joining DSP he was associated with DSP Merrill Lynch Ltd.(Nov 2005 to Jun 2007), IL & FS Investsmart Ltd. (Dec 2002 to Oct 2005), Unit Trust of India Investment Advisory Services Ltd.(Jun 2000 to Dec 2002), Kisan Ratilal Choksey Shares and Securities Pvt. Ltd. (March 1999 to May 2000) and Credit Rating Information Service of India Ltd.(Apr 1998 to Feb 1999).

Investment objective

The scheme aims to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of midcap companies.

DSP Mutual Fund details

No. of schemes	54 view all schemes
Total AUM	2,24,669 Cr as on Dec 31, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
DSP India T.I.G.E.R. Fund	N.A.	5,323 Cr	8.8%	25.03%
DSP Natural Resources and New Energy Fund	N.A.	1,573 Cr	31.23%	23.73%
DSP Small Cap Fund	N.A.	16,935 Cr	4.31%	21.35%
DSP ELSS Tax Saver Fund	N.A.	17,609 Cr	10.75%	18.24%
DSP Large & Mid Cap Fund	N.A.	17,576 Cr	11.33%	17.84%
DSP Value Fund	N.A.	1,326 Cr	15.6%	17.55%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of DSP Midcap Direct Plan-Growth?

The current Net Asset Value (NAV) of the DSP Midcap Fund - Direct Growth plan is approximately ₹160.521 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The DSP Midcap Direct Plan-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 17.0% since inception.

DSP Midcap Direct Plan-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.72%	20.11%	15.17%	16.62%	17.0%

How much does this mutual fund charge as expense ratio?

The DSP Midcap Fund - Direct Growth has an expense ratio of 0.75%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The DSP Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 19,586 Cr as on Dec 31, 2025.

What are the top stock holdings of DSP Midcap Fund?

The DSP Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Coforge Ltd.	4.2%
Ipca Laboratories Ltd.	3.36%
AU Small Finance Bank Ltd.	3.05%
Coromandel International Ltd.	2.64%
Fortis Healthcare Ltd.	2.56%
Voltas Ltd.	2.53%
Max Financial Services Ltd.	2.52%
L&T Finance Ltd.	2.51%
The Phoenix Mills Ltd.	2.5%
Bharti Airtel Ltd.	2.41%

What are the top sectors DSP Midcap Fund has invested in?

The DSP Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	20.35%
Capital Goods	11.06%
Healthcare	9.469999999999999%
Chemicals	9.120000000000001%
Technology	8.65%
Automobile	8.469999999999999%
Services	4.859999999999999%
Energy	3.8600000000000003%
Metals & Mining	3.74%
Materials	3.58%

What is risk level of DSP Midcap Fund?

This is a Mid Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in DSP Midcap Direct Plan-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for DSP Midcap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the DSP Midcap Fund is complete.

How can I redeem my investments in DSP Midcap Fund?

Redeeming your investments in the DSP Midcap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 2 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 13.07% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: Exit load of 1% if redeemed less than 12 months